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Leader (1850-1860), 24th November 1860, Edition 1 of 2, Page 966, Untitled Article

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    • RECORD OF THE WEEK. HOME AND COLONIAL.
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      Untitled Article

      8 $ per cent , they make a profit of 3 per cent ., and when at 4 } of 4 per cent ., and sq on as their rate advances . ¦ , '¦ , ¦¦ , * The point at issue between the two Banks is not so much which of th ^ m can attra ct the , most money by raising the rate of discount , as vh _ -h can attract for the present crisis the most £ old , the basis of their paper money . ; -an *» in such a contest the Bsnk of Eng land , with its restrictions , has no clianoo of compatinj * with the Bank of France , free and unfettered , except by its own discretion . One mode of alleviating the present monetary pressuro and pi-eventing a panic is the suspension of the Act of 1814 , with the view of enabling the Bank of England to bid on equal terms for gold with the Bank of France . , Another is the remedy suggested in the petition at foot , by whicn 20 , 000 , 000 , of sbverigns may be set at liberty for exportation ; a petition recommended by me in Oct ., 1857 ,-as a means of averting the apprehended panic of Nov .

      1857-Tliese alleviating measures I would again submit to the consideration of the public , and especially to the members of Chambers of Commerce whose particular duty it is to attend to the interest of the commercial community . I am , Gentlemen , your obedient servant ,

      JIAMETl STA-HTSFELD . The Orange , Burley , near Otley , 15 th Nov ., 1 S 60 . " TO THE QTTEEX ' s MOST EXCELLENT MAJESTY . ' We , the undersigned bankers , merchants , and other liege subjects of the realm t considering that the present foreign drain of gold most seriously deranges the domestic currency of the country , thereby parar lysing trade , thro wins the industrious classes out of employment , depreciating property , and increasing unnecessarily the burdens of the war , most humbly pray that your Majesty will be graciously pleased , with a view to counteract these evils , by Order in Council , to empower the

      Bank of England , tin til the seiiso of Parliament can be taken , to issue one pound notes to serve as substitutes for sovereigns whenever the Bank minimum rate of discount shall exceed five per cent ., on depositing Government Stocks for tw . orthi . rds and gold for the . remaining onetliird of the amount of such issues as a guarantee for the convertibility of the notes , and on paying interest at the rate of four per cent , to the Exchequer for the benefit of the State , on the two-thirds of which they would have the beneficial use , or on such . other terms as to your Majesty should seem fit . " A . nd your petitioners will ever pray , &c . "

      Untitled Article

      The difference between the amount of bullion in the banlc of last week compared with that of the week before , namely , £ 582 , 274-, was pearly balanced by the sum arriving up to tho close of . last wee . k from Australia , and which amounted to £ 5 S 0 , 0 OO . Consols closed Isst week at 93 £ to f . A further drain , £ 100 , 000 from the Bank took place on . Tuesday . On Wednesday an arrangement wag come to between the Bank of England and the Bank of France , ' for the former , to supply the latter with £ 2 , 000 , 000 gold in exchange for £ 2 , 000 , 000 in silver . Securities were improved in consequence , the closing price of Consols being 93 § to 3 . .

      ... The mortality of London now exhibits that increase which usually attends the closing months of'tho year . From 1 , 026 in the last week of October the deaths in London have risen to 1 , 183 , tho number jn the week that ended last Saturday . The average number of deaths , as obtained from corresponding weeks of ten previous years ( 1850—9 ) , and for the purpose of comparison , corrected for increase of population , is 1 , 204 . Hence it appears that the deafhs in tho present return are less by 81 than they would have been if the average rato of mortality for this pwiod of the year had prevailed . As last week closed the Empress Eugenie waa in London on her way

      to visit the Duchess of Hamilton , her travelling nom de—not (/ tterrCf but voi / qge—wo suppose , is the Countess do la Mothe Beuvron , The hop "interest" has succeeded in obtaining a postponement of tho payment of the duty . The sum due this mouth ia not to bo paid until next Maroh , and tho duty in respect of tho present year instoad of being collected next March is to stand over until August . Among the vacation speeohes of M . P . ' s , may be mentioned onoofMr . Berkeley ' s on the ballot . He shows that in Virginia , CJnited Stnfoe , whoro open voting provailB , tho condition of tho people is very demoralised ; while there is a much more elevated moral in the States where secret voting is in use ; tho moral intended to bo pointed being that opon voting gives scope to demoralising iniluenoeo that would bo excluded by tho ballot . ¦

      StepB have boon taUon for initiating a national tcstimonml to G-avibatdi . Tho movemonb has oommonoed at Brighton in tho ehapo of r penny subscription . Brighton , which is ropreeontod in Parliament by two pf the moat liberal and enlightened politicians in tho House , Mr . Coningham and Mr . White , is nobly vindicating its title to be foremost amongst Liberal constituencies in this manifestation of sympathy with tho liberator of Italy . Tho eloso of laBt woolc was marked in tho calendar of calamities by a frightful railway accident , ¦ whioh oooured at At her stone , Warwickshire , whore tho Glasgow mail train row into a oattlo train , which by some mischance hnd cot on tho same platoa . "Tho etokor of tho mail train ,

      and no less than eovqn men in ohargo of the oattlo , worp killed , and tho number of deaths had increased on Monday to 10 , when several other sufferers were hardly expected to live . Many of tho officials belonging to tho mail wore ( Severely hurt . Cruel havoo , also , was made among the cattle , numbers of which , smashed , mutilatod , and blooding , were actually mixed up , poll moll , with the debrw and figments of broken carriages , theepeotaolo of wreole ' and ruin being truly piteous to witness . Lord Rollo , ia tho representative poor joi Scotland elected in tho stead of tho Earl of Loven nnd Melville . In the matter of tho proposed stone tramway , in Oxford-street , in opposition to M * . CCrftJin ' B plan , tho report adopted by the Marylebone Vestry , jeoeommend . B that the consideration pf the question bepoistjponed for three months . '

      The Queen , soon after the arrival of tho Prince of Wales , invited the American Ambassador to visit her at Windsor Castle . Early this . week , Mr . Apsley Pellatt announced his intention of retiring from the contest for Southwnrk . The show of hands at the nominal ion of candidates for Reading , which took place on Monday , was in favour of Serjeant Pigott , the Liberal . The election terminated in the return of the Serjeant , Captain Waller being 150 votes behind ^ A vacancy has occurcd in the represent af ion of Ripon , in consequence of the death of Mr . "Warro . Mulling , convicted of tho Stepney nmrdor , vras hanged on Monday , in the presence of , it is paid , br-fween twenty and thirty thousand persons . He protested his innocenso to tho last , but modified his statement about Emms , whom lie exonerated from tho suspicions he had cast , upon him .

      The inquest in reference to the explosion of a steam-engine at King'scros . * , has eventuated in a verdict of very elaborate construction , but which is tantamount to one of accidental death , the jury stating that there is no evidence to fix criminal neglect upon-anybody . They express a hope that Captain Tyler ' s suggestions for guarding the public from similar accidents will receive proper attention , and obtain the publicity they deserve . An application having been made to the Court of Queen ' s Bench , by Mr . Crawshav , for a rule nisi against Mr . Langley , of the Newcastle

      CJironicle , to show cause why a criminal information should not b e exhibited against him for publishing articles in favour of Volunteers going to join Garibaldi , on the ground that such publication was . contrary 3 to the Foreign Enlistment Act , tneJCourt refused the application . The Game-laws have recently b ^ en characterised as a " moral blight " at a Lincolnshire Agricultural Society ' s meeting . This is a significant indication of the progress of liberal ideas . The meet ing endorsed the view that the laws in question were productive of the worst feeling between different classes , and were , inconsistent with tho prosperity and moral good of every district in which they were in force . vistock

      Sir John Trelaw-ney has been addressing hia . Ta . constituency . He expressed his warmest and most cordial sympathy with the independece of Italy and its-struggle for freedom , and expressed a hope that Venetia would be extricated from the fangs of Austria ; urged Hie necessity of an extension of the elective franchise , the reduction of the national expenditure ; argued in favour of the abolition of Church rates , and dccl-ired that in the matter of tho Paper-duties the Lords had usurped the functions of the Commons ., and that the latter , next session , would do wisely to reverse the invidious precedent sought , to be established . The Empress " of the French is a godsend for the pcnuy .-a-lm . ers ;

      as much as tho Prince of Wales was for tho Jenkinses of America . At this dull time everything is fair game for news , and the papers are making the mo-t of her . Long paragraphs are " going the round , " ' minutely and fussily descriptive of her . She visited Melrose , Abbotsford , &c ;; and who " was expected to visit her ; how the party took their tickets at the railway stations : how the people turned out en masse to see a real live specimen of Iinperiality travelling incoy . ; and how they cheered and shouted at they knew not what . Strange that a very respectablo inoffensive lady cannot travel without all this nonsense , and what we should suppose must bo most oll ' ensivo

      nnnoanco . By the Bombay mail , we learn that Sir Hugh ltoso had taken stops for improving tho condition of the army both in a moral and a mate rial sense . . Workshops aro to be established , in which tlio soldiers may praotieo Iho trades they understand , or acquire a knowledge of any trade they desire to learn . Thus not only will the individual soldier reap a profit , but tho whole army will be benefited . Wo learn by a private letter from Auckland , Wow Zjnland , thnt tho place is in a very disturbed state ; it is utterly unprotected by the regular troops , and has to rely for protection entirely upon volunteers and militia , tho regular forces boing atTarunake . Tho l ' , n « lish soldiers havo thuir work to

      not being used to tho busli and irregular , lighting , do iu their encounters with tho "Maoris . It is tho " Juok tai-a" thnt tno Maoris are most afraid of . Tho dark colour of tho Maoris being m peeping with tho darkness of night , they steal out after dusft , and creep along barefoot and noiselessly up to tho sentinels , whom thoy Kill at their posts . " How long this may l <»* t , " says our informant , " one oau tell , as our Government is noted for its dilatormess , and the governor goes by tho namo of ' Governor Wait-a-bit . '" Hundreds , wo aro told , who go out oan got nothing to do at all ; business ia very bad : and pooplo lcavo tho place faster than they come over , in eonsoauonco of the distui-banoos and lighting . The able-bodied malo

      population , wo hoar , havo to . join tho militia . M . vNur ^ oiTjnB qj ? Condiments von Catoxk ; —A long cxpenonoo gives Mr . Thorloy many ad vantages over his rivals in this new and important brunch of industry . The first of tho Oattlo Food putenls datoB January 30 , 18 & 5 ,. whilo Thorloy wau successfully at work in 3850 manufacturing Thorloy ' s Mixture , a farinaceous compound , M 14 s . porowt . This is a long start ahead . This mixture waa a compound of our difForont kinds of oorn , including Indian corn , ground ° r kibbled , and well mixed togothor 5 und Thorloy ' h euoooss m Hull cioponded upon his using nothing but tho best qualitiou of corn ho couiu gofc , and tho frank , honest , and John Bull manner whioh ho ueeumeu with hie customers—often personally kibbling and mixing his compound in thoir proBonoo —thus scouring to him ninny exoollonfc anu valuod friends . Sorao llvo yours' oxporionoo , howovor , ( auglit JUi . inaroii

      Thorloy that ho had only ta ' kon M 10 ilrsfc stop m tho groat « j improvomont upon whioh l > o hud ontoi'od j honoo tho ooncluoiou ot condi > rionfc at which ho arrirod , tho now oxporimontnl oaroor upon whioh ho ontorod to obtain this , » nd tho result theCal tlo-Fopd-OouU - monb ho now offers tho publio . Tho bucoobs of Thorloy ' s Outtlo Hoou , liko tho suooesa of Thorley ' s Mixture , depends mainly upon tho ijuftUU of tho matoriuls of whioh it is oomposocf , oouplott with its hpnoBt nnu proper administrotion , and tho ooftipounding nnd mixing of tho eevorw ingrodiente , bo as to prevent tho lose of oromatio and volutuo owinonie . and that -without regard td tho hoary loss by iva » to of raw materials J for so long as tills is attended to , opposition may retard , but onnnob » top , the -wheel of progreee . .

      Untitled Article

      9 gg The Saturday Analyst and Leader . [ Nov . 24 , I 860

      Record Of The Week. Home And Colonial.

      RECORD OF THE WEEK . HOME AND COLONIAL .

  • Citation
    • Leader (1850-1860), Nov. 24, 1860, page 966, in the Nineteenth-Century Serials Edition (2008; 2018) ncse-os.kdl.kcl.ac.uk/periodicals/l/issues/vm2-ncseproduct2375/page/14/